AIG likes reinsurance; prefers to pay reinsurers than put margin at risk

US P&C carrier group AIG cannot be shaken from its heavy-handed reinsurance positioning on a conviction that reinsurance buying is only ever a zero sum game between reinsurance cost and product pricing, offset at best by dumb luck at cat time, CEO Peter Zaffino (pictured) has declared.

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AIG likes reinsurance; prefers to pay reinsurers than put margin at risk

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